Which of the following is an example of variable pay?
Correct answer D. Profit sharing plan
Topic / 50 questions
Pay for Performance and Financial Incentives MCQs
Page 3 of Pay for Performance and Financial Incentives multiple-choice questions with answers. Tap an option to check yourself.
Page 3 of 3
- Coaching, Careers and Talent Management 193
- Training and Developing Employees 77
- Managers Role in Strategic HRM 65
- Performance Management and Appraisal 63
- Pay for Performance and Financial Incentives 50
- Labor Relations and Collective Bargaining 35
- Introduction to Human Resource Management 33
- Benefits and Services 24
- Job Analysis 21
- Ethics Justice and Fair Treatment 17
- Managing Global Human Resources 13
- Human Resource Planning and Recruiting 11
- Interviewing candidates 10
- Employee Testing and Selection 9
Training employees and building their confidence is best classified as boosting what?
Correct answer A. Expectancy
Under a straight commission plan, what are salespeople paid for?
Correct answer D. Results
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What is an incentive and pay plan tied to the company’s overall profitability called?
Correct answer A. Variable pay
Which motivation theory builds on commonsense observations about effort and rewards?
Correct answer A. Victor Vroom expectancy theory
What is the salary increase awarded to an employee for individual performance called?
Correct answer B. Merit pay
What type of pay links an employee’s earnings to productivity?
Correct answer D. Variable pay
What is accessing employees’ telephones and computers to monitor their rate and accuracy of work called?
Correct answer C. Electronic performance monitoring
What is the interview in which a supervisor and subordinate review the appraisal called?
Correct answer A. Appraisal interview
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Which appraisal method places predetermined percentages of employees into performance categories?
Correct answer C. Forced distribution method